Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof
A man parked his VanMoof bicycle outside the VanMoof head office to take a picture in Amsterdam, Netherlands, Tuesday, July 18, 2023. Dutch electric bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its pared-back electric bikes but struggled to meet soaring demand and fix glitches. (AP Photo/Peter Dejong)
AMSTERDAM (AP) — Dutch bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its stylish, minimalist electric bikes but struggled to meet soaring demand and fix glitches with the app powering its service.
The Amsterdam-based company, started in 2009 by brothers Taco and Ties Carlier, posted a statement on its website informing clients that an Amsterdam court declared VanMoof bankrupt on Monday...
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